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Small Business Matters

The Stearns Bank Small Business blog has you covered from relevant industry topics to guidance on big business banking decisions. Read our latest articles that might give you the advice you’ve been looking for to help your small business succeed.

The Basic Process To Apply For Equipment Financing

The Basic Process To Apply For Equipment Financing

Posted by: Stearns Bank on Feb 13, 2024

Learn the steps of the equipment financing application process. We explain key details lenders request, documents to supply, and credit score impacts.

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The Equipment Your Business Can Finance for Growth

The Equipment Your Business Can Finance for Growth

Posted by: Stearns Bank on Dec 12, 2023

Learn how equipment financing can help your business grow by acquiring the latest technology without the burden of hefty upfront costs.

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How Small Business Owners Can Maximize Tax Savings With Section 179 Deduction

How Small Business Owners Can Maximize Tax Savings With Section 179 Deduction

Posted by: Stearns Bank on Nov 21, 2023

Learn how the Section 179 tax deduction allows small business owners to deduct the full cost of eligible equipment in the year of purchase.

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How To Use Equipment Financing To Scale Your Business

How To Use Equipment Financing To Scale Your Business

Posted by: Stearns Bank on Nov 07, 2023

Learn how equipment financing can help your business access advanced technology, boost performance, and scale operations.

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Does Your Lender Offer Custom Payment Solutions?

Does Your Lender Offer Custom Payment Solutions?

Posted by: Stearns Bank on Aug 25, 2023

Does your equipment lender offer customized financing solutions tailored to your business needs? Learn how flexible payments optimize cash flow.

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A Conversation With Jen Rakotz - A Monitor 2022 Top 50 Women in Equipment Finance

A Conversation With Jen Rakotz - A Monitor 2022 Top 50 Women in Equipment Finance

Posted by: Stearns Bank on Jul 25, 2023

Jen Rakotz, a leader in equipment financing, reveals how she helps businesses grow with Stearns Bank and how technology is changing the industry.

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7 Industries That Can Benefit From Equipment Financing

7 Industries That Can Benefit From Equipment Financing

Posted by: Stearns Bank on Jul 18, 2023

Unlock growth and stay ahead of competitors with Stearns Bank's equipment financing. Learn how 7 industries can benefit from our tailored solutions.

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Depreciation Considerations for Your Financed Equipment

Depreciation Considerations for Your Financed Equipment

Posted by: Stearns Bank on Jun 08, 2023

Learn how to maintain your equipment efficiently with this guide to equipment depreciation considerations for your financed equipment.

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The 5 Questions You Should Ask Yourself Before Financing Equipment

The 5 Questions You Should Ask Yourself Before Financing Equipment

Posted by: Stearns Bank on May 08, 2023

Looking for equipment financing? Consider these important questions before signing an agreement.

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Should You Finance Equipment During a Recession?

Should You Finance Equipment During a Recession?

Posted by: Stearns Bank on Mar 07, 2023

During a recession, equipment financing can help small business owners get the equipment necessary to grow their businesses without dipping into cash reserves.

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